Is Wonderla Holiday overvalued or undervalued?

As of 7 November 2025, the valuation grade for Wonderla Holiday has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 43.28, a Price to Book Value of 0.20, and an EV to EBITDA of -7.14, all of which suggest that the company's stock price does not align with its earnings potential and overall financial health.
In comparison to peers, Wonderla Holiday's PE ratio is notably lower than Imagica Entertainment's 122.48 but significantly higher than Nicco Parks' 18.32, which highlights the disparity in valuation within the leisure services industry. Additionally, Wonderla's negative EV to EBIT and EV to Sales ratios further emphasize its overvaluation. Recent performance shows that Wonderla has underperformed the Sensex, with a year-to-date return of -23.45% compared to the Sensex's 6.50%, reinforcing the view that the stock may be overpriced relative to its growth prospects.